The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers.
Required: 1. Compute the total overhead that should be assigned to the medical-testing agent order. 2. What is the overhead cost per box of testing agent? 3. Suppose Tulsa Medical Supply Company were to use a single predetermined overhead rate based on machine hours. Compute the rate per hour. 4. Under the approach in requirement 3, how much overhead would be assigned to the medical-testing agent order? a. In total. b. Per box of testing agent.
Check my work 2 2. The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers. 6.25 points Activity Cost Pool Machine setups Material handling Hazardous waste control Quality control Other overhead costs Total Budgeted Overhead Cost Cost Driver $ 330,eee Number of setups 120,eee Weight of raw material 78,880 Weight of hazardous chemicals used 150, eee Number of inspections 400,000 Machine hours $1,070,000 Budgeted Level for Cost Driver 11e 40,280 lb. 7,eee lb. 2,080 20,000 Skipped Pool Rate $3,eee per setup $ 3 per pound $ 1e per pound 75 per inspection $ 2e per machine hour eBook References An order for 5.000 boxes of medical testing agent has the following production requirements. Machine setups 7 setups Raw material 12,080 pounds Hazardous materials 5,000 pounds Inspections 10 inspections Machine hours 700 machine hours Required: 1. Compute the total overhead that should be assigned to the medical-testing agent order. 2. What is the overhead cost per box of testing agent? 3. Suppose Tulsa Medical Supply Company were to use a single predetermined overhead rate based on machine hours. Compute the rate per hour. 4. Under the approach in requirement 3. how much overhead would be assigned to the medical-testing agent order? a. In total. b. Per box of testing agent. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Compute the total overhead that should be assigned to the medical-testing agent order. What is the overhead cost per box of testing agent? (Round "Overhead cost" to 2 decimal places.) Total overhead Overhead cost per box Chapter 5 Saved Help Save & Exit Submit Check my work 2 6.25 points The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers. Budgeted Budgeted Overhead Level for Cost Activity Cost Pool Cost Cost Driver Driver Pool Rate Machine setups $ 330,080 Number of setups 110 $3,eee per setup Material handling 120,eee Weight of raw material 40,eee lb. $ 3 per pound Hazardous waste control 70,880 Weight of hazardous chemicals used 7,eee lb. $ 10 per pound Quality control 158,880 Number of inspections 2,080 $ 75 per inspection Other overhead costs 400,000 Machine hours 28,eee $ 2e per machine hour Total $1,070, eee Skipped eBook References An order for 5,000 boxes of medical testing agent has the following production requirements. Machine setups 7 setups Raw material 12,080 pounds Hazardous materials 5,090 pounds Inspections 10 inspections Machine hours 790 machine hours Required: 1. Compute the total overhead that should be assigned to the medical testing agent order. 2. What is the overhead cost per box of testing agent? 3. Suppose Tulsa Medical Supply Company were to use a single predetermined overhead rate based on machine hours. Compute the rate per hour. 4. Under the approach in requirement 3. how much overhead would be assigned to the medical-testing agent order? a. In total. b. Per box of testing agent. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Suppose Tulsa Medical Supply Company were to use a single predetermined overhead rate based on machine hours. Compute the rate per hour. (Round your answer to 2 decimal places.) Overhead rate per machine hr. Chapter 5 Saved Help Save & Exit Submit Check my work 2 6.25 points The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers. Budgeted Budgeted Overhead Level for Cost Activity Cost Pool Cost Cost Driver Driver Pool Rate Machine setups $ 330,000 Number of setups $3,eee per setup Material handling 120,000 Weight of raw material 49,80 lb. S 3 per pound Hazardous waste control 70,880 Weight of hazardous chemicals used 7,000 lb. $ 10 per pound Quality control 158,888 Number of inspections 2,220 $ 75 per inspection Other overhead costs 409, eee Machine hours 20, eee $ 20 per machine hour Total $1,078,888 119 Skipped eBook References An order for 5.000 boxes of medical-testing agent has the following production requirements. Machine setups 7 setups Raw material 12,eee pounds Hazardous materials 5,990 pounds Inspections 10 inspections Machine hours 7ee machine hours Required: 1. Compute the total overhead that should be assigned to the medical-testing agent order. 2. What is the overhead cost per box of testing agent? 3. Suppose Tulsa Medical Supply Company were to use a single predetermined overhead rate based on machine hours. Compute the rate per hour. 4. Under the approach in requirement 3. how much overhead would be assigned to the medical-testing agent order? a. In total. b. Per box of testing agent. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req4 Under the approach in requirement 3, how much overhead would be assigned to the medical testing agent order? a. In total. b. Per box of testing agent. (Round your answer to 2 decimal places.) a. Total overhead b. Overhead cost per box
